FDIC Lending National Washington 
PYMNTS
OCTOBER 24, 2019
But Federal Deposit Insurance Corporation (FDIC) coverage — which protects deposits — proved a sticking point this week. 21) that the OCC cannot in fact issue a charter for non-bank enterprises (a segment that included FinTechs) that are not able to get FDIC backing. Can’t get the charter without FDIC coverage.
PYMNTS
FEBRUARY 19, 2019
The remarks were made at a conference, focusing on the issue of “financial deserts,” involving the struggle for rural communities to feel the benefits of overall national economic strength and a declining unemployment rate. making it one of the nation’s first new community banks in years.
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Jeff For Banks
JUNE 20, 2017
The banking system is stable, which is critical to national and state economies. So what am I talking about, that deposit insurance is why banks don't do like FinTech lending firms and use alternatives to the FICO score in underwriting consumer credits? They have to find out later, after a bureaucrat in Washington does a white paper.
American Banker
NOVEMBER 29, 2016
s third-quarter earnings report was stacked with good news: record earnings and lending, fewer troubled loans and higher interest and noninterest income. Yet there was one statistic that is likely to fuel more calls for help from Washington. The Federal Deposit Insurance Corp.'s
CFPB Monitor
JULY 9, 2020
The OCC’s decision to hurriedly issue the final rule on May 20, 2020 without achieving consensus with the FDIC, the agency with which the OCC had jointly issued the proposed rule, has drawn the ire of both consumer advocacy groups and Congress. First, consumer advocates have vigorously opposed the rule.
Independent Banker
APRIL 30, 2022
Brazos National Bank. Douglas National Bank. In order to compete as a small bank, we have been forced to keep higher-than-peer capital levels, so that our lending limit allows us to service local borrowers’ needs. FSNB, National Association. Pioneer Trust Bank, National Association. AMG National Trust Bank.
Independent Banker
JULY 29, 2016
Around the Table—Wisconsin community bankers work with legislative staff members on Capitol Hill during ICBA’s Washington Policy Summit. Here’s an outline of the key activities ICBA’s advocacy team in Washington, D.C., Washington Policy Summit. FDIC Assessment Rules. By Courtney Schoenborn.
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